Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
I remember why I don’t post much on here anymore
Everyone has their own agenda
Furthermore you rarely get people offering value or any thing worth listening to or an actual intellectual conversation
Yes there are some - but they are the few
Again people are worrying about short term fluctuations
A smart investor will do the mathematics and see it’s very undervalued based on the current bitcoin price
The only variable is the bitcoin price - then it comes down to whether you believe bitcoin will keep growing
I do
It’s the 9th largest market cap in the world - it’s to large to ignore hence why fidelity are offering it as part of a pensionable investment I believe for the future
Conviction is key
I was in Argo at 30p previously then went to 300p - I didn’t have conviction sold early but now I do and hopefully I can get very near to that price again
Bitcoin has been heavily adopted by institutions and even countries -it’s progressing rapidly
It’s a speculative asset
It gets treated like many growth stocks
Which is fine
The time will come IMO for it to flourish when monetary policy is right
We should all know now that bitcoin isn’t a safe haven ..yet
It’s still a new asset class and therefore it does correlate to tech stocks and generally runs alongside the SPY index - it that’s up generally bitcoin is up and likewise down ..Bitcoin is down.
In reality it should move independently however given the broader market and indexes in the US getting beat up ..then it’s expected to fall.
Technicals for the Nasdaq and bitcoin and s and p ..aren’t great but if your a fundamental investor then it really doesn’t matter
So the point is this - I wouldn’t worry about short term fluctuations or Fibonacci retracement levels or MAs
The majority of bitcoin miners are an absolute steal here if you believe bitcoin will flourish in 2023 onwards and I personally think it will
The indexes generally always recover - history tells us this and bitcoin moves with the SPY index like said so I believe if your a holder into 2023 onwards you’ll really do well with most bitcoin miners not even just Argo .
As of now I have no position in Argo but I anticipate further index drops and will average in here
Low PE ratio - Growth plans - at a very low market cap
IMO there’s not much to not like here
your banter is terrible
Settle down fella
Those who have invested a lot of money here are the actual people to laugh at - successful traders manage risk
You don’t invest a lot of money at this level of risk - it’s that simple
The company have substantial debt and brought in experts to sell assets which once paid may not be anything left to pay shareholders …..
If you can afford to lose £30k then fair play but many can’t
Talk is cheap though I could say I’ve invested 100k …
Ultimately I want them to succeed obviously but people need to stop being delusional and only wanting to see the positives
It’s obviously high risk make no mistakes hence the market cap and sp
1.97p entry if it goes to 40p in a few years awesome
If goes to 0 then i lose £500
Risk v reward
People Over worry and over post as they over invest
Block the noise out and this could be ATHs again in a few years you never know
We will see
GLA
My concern is Immersion Cooling may provide greater efficiency and then there’s the S19 XP Hydro
I have emailed IR to see if we can outperform
Agree
The only issue is funding and dilution
Hopefully they privately raise money
The NDA excited me and also the fact that they can make the hashing much more efficient
Not sure if anyone else is doing anything similar
I’ve done my research but can always learn more
What do people actually know about this company?
What was the main reason for you buying this?
What PTs are you expecting?
The technology and patents - what do you know ?
Interested to see if anyone can further my conviction as a lot of info is scattered everywhere
Be good to get some info in just one thread
Cheers ladies and gentlemen
Lol
I think people would rather the Mcap be much higher than saving money on stamp duty
I’ll ask them to bear you in mind though haha
A nearly 7% efficiency in running the Bitcoin mining algorithm can be used to increase mining speed or save energy. On the massive numbers of iterations involved in mining, this level of saving represents either a 7% increase in the mining probability or a 7% energy saving at the existing mining probability.”
Which major bitcoin miner wouldn’t want this ?
Remember guys this won’t happen overnight - but how many people sold ARGO at pennies or MARA at pennies because they lacked patience and vision
Also an NDA with a major US tech company …
The writings are on the wall - no need to worry about BUYS and daily price action
Thankyou mate I’ll email them
Hi there does anyone have an email address for IR ?
I wanted to ask them why they ain’t uplisting to the 250
We would be tracked by funds and institutions and would only be a good thing for us
Global Macro Hedge Fund Caxton Associates has filed today on SEDI that they have become a +10% shareholder in
@Sprott
Physical #Uranium Trust?? with a reported #SPUT investment holding of 18,211,711 units (Market Value today of over US$257M
Few points but I’m sure many of you are aware
- we are using more uranium than we are producing
- The world needs more electricity
-we require more energy with less carbon.
- only way you replace coal is with uranium
Few points above taken from a recent interview with Rick.
All the stars are aligning it seems and probably have for some time - the Russia scenario is of course another variable which stands to benefit the sector if sanctions are introduced .
I bought in at £4.22 which ain’t great as I’ve been watching and watching - but I guess with a macro view it’s a good price
It’s all ifs and buts - however what do we think in terms of near terms Spot Prices and Sp ??
Any educated guesses
Cheers
9.56% already ….. emphasise already …meaning potentially could improve
I Guess major tech companies just so NDAs with anyone ey
Anyway your transparent - ive seem people like you all over lse - come on chat boards to talk down stocks when your not even invested is pretty sad
I’ve just read an interim report which stated that speed increase
awesome
Furthermore an NDA with a major tech company is also awesome
I’m not getting ahead of myself - games will be played
But Mara and Argo were all pennies before anyone took notice
I like this a lot
Could Need funding but it’s part of the process
People who say you’ve got nothing yet ?
You got a proof of concept of speed increase which will benefit bitcoin miners
Risk v reward is great for sure
Patience needed but yeh Definetly worth a go
I’ll do some more research
I actually have contact with one CEO of a well known bitcoin miner and a Bitcoin mining analyst via Twitter so I’ll be sharing this stock with them and see what they think
It sounds great just voicing a concern
Cash position ? Any idea where we are at ? Can’t seem to find cash on hand currently - cash burn rate seems 500k per quarter … I’m just thinking dilution maybe needed to fund more r and d which is cool but perhaps won’t need to dilute if cash is on hand already
They are my only concerns really